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AGP Executive Report

Last update: 12 hours ago

China Gold Reserves: The PBOC added 480,000 ounces of gold in June for a 20th straight month, lifting holdings to 75.44Moz even as bullion prices fell sharply. South Africa Diamonds: De Beers will pause Venetia mine production for two years to cut costs and rephase spending while it streamlines operations. Tanzania Tax & Compliance: Geita Gold Mining (GGML) won top TRA awards for compliance and tax contribution, underscoring mining’s growing role in Tanzania’s economy. Botswana Copper Contract: Westfill secured backfill and workforce training work at Khoemacau Copper Mine, including paste plant and testing support. DR Congo Critical Minerals Mapping: A US aviation firm is preparing to collect and integrate geological data to support new mining projects as competition with China heats up. Uranium Exploration Focus: Greenvale Energy flagged 13 priority uranium targets at its Thunderball project after a high-resolution airborne survey. Metallurgy Results: Rapid Critical Metals reported strong early flotation recoveries at its Webbs and Consol silver projects. Copper Project Upgrade: Sandfire’s Black Butte PFS adds the Lowry deposit, improving economics and extending mine life. Policy & Royalties: India’s Supreme Court upheld the Centre’s mining royalty formula, rejecting a challenge over “royalty on royalty.” Safety Incident: A miner died after an explosion at Kuria West gold mine in Kenya, with police investigating who triggered the blast. Lithium in Africa: Zamfara Governor unveiled a $200m lithium mining and processing plant, aiming to formalize the sector and move up the value chain. M&A Watch: Equinox Gold and Orla Mining merger gets positive proxy recommendations ahead of shareholder voting.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Iron Workers expanding training facility to meet expected demand

Iron Workers expanding training facility to meet expected demand

De Beers shuts flagship diamond mine for two years as prices for the precious stones slump

De Beers shuts flagship diamond mine for two years as prices for the precious stones slump

Newly launched 2026 cloud mining app with smart AI, unaffected by market swings, earning up to $67,000 daily

Newly launched 2026 cloud mining app with smart AI, unaffected by market swings, earning up to $67,000 daily

Chilkat Indian Village issues an open letter to Vizsla Copper Corporation regarding concerns around the Palmer mine project and the 2026 drill program

Chilkat Indian Village issues an open letter to Vizsla Copper Corporation regarding concerns around the Palmer mine project and the 2026 drill program


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2 hours ago

Osisko Metals Announces Conversion of Glencore Canada's US$25 Million Convertible Debenture

GlobeNewswire, Inc.

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2 hours ago

Fortuna Files Feasibility Study Technical Report for the Diamba Sud Gold Project, Senegal

GlobeNewswire, Inc.

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9 hours ago

Mining Automation Market Set for Rapid Expansion US$ 12.9 Bn by 2033, Expanding at a Robust 10.8% CAGR from 2026-2033

EIN Presswire

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9 hours ago

Exyn COO Ben Williams to Discuss the Future of Autonomous Robotics in Live Industry Interview: The Future of 3D Scanning is Autonomous

GlobeNewswire, Inc.

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10 hours ago

Outcrop Silver to Present at the Precious Metals & Critical Minerals Virtual Investor Conference on July 23rd

GlobeNewswire, Inc.

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11 hours ago

Integral Metals Announces Planned 2026 Drill Program at the KAP Project, Northwest Territories

GlobeNewswire, Inc.

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